Adili upbeat as Christmas sales soar
Tuesday, January 08, 2008
Adili, the online ethical fashion retailer which joined AIM in December 2007, today reported strong trading throughout the Christmas 2007 period.
In a market update the company said sales in the four weeks to 21 December 2007 were up by 388% on last year, with 2,357 items shipped, arising from 1,050 orders.
The company also reported that strong trading had continued into the sale period, which started on 21 December 2007.
Chief executive Adam Smith, said: “Given the increasing share of the retail market being taken by ethical consumerism together with the continued rapid growth of online retail sales, we remain confident and excited about the prospects for Adili.”
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